Die geplanten Maßnahmen zur Budgetkonsolidierung belasten die ärmere Bevölkerung überproportional. Die Anhebung der Verbrauchsabgaben und Gebühren um rund 13 Mrd. S trifft die Ärmeren etwa doppelt so stark wie die Besserverdiener: Das untere Einkommensdrittel der Haushalte muß 1,6% des...

There are large differences between Steindl's ideas on growth policies and the Brussels/Paris consensus. Steindl called for innovation and education policies, the mainstream today rather favours deregulation and privatisation. Steindl stressed the positive demand-side effects of the public...

The stagnation of the economy in the Euro area since 2000 is closely connected to the dominance of purely long-run supply-side oriented policies in the Euro area. While exports and profits soared, domestic demand has been weak. The neglect of cyclical and demand factors appears to be the major...

There are large differences between Steindl's ideas on growth policies and the Brussels/Paris consensus. Steindl called for innovation and education policies, whereas the mainstream today rather favours deregulation and privatization. Steindl stressed the positive demand-side effects of the...

The unfavourable development of the Austrian labour market in the 1990s is attributable to a number of macro-economic factors. The rise of unemployment is a reflection of the relatively low average rate of economic growth and the 1993 recession. The productivity of labour increased at an...

In the long term, it is high and increasing unemployment which constitutes the key determinant for a decline in the adjusted wage share and the real unit labour costs. Economic growth plays a similarly important role. Higher investment will increase the profit share. Countries whose economy and...

Against the background of the dramatic aggravation of the financial crisis the world economy is in a downturn. After four years of strong economic growth the economy already cooled down in 2007. World trade has expanded only marginally in recent months. A further weakening in 2009 is already...

Austria's public health system is predominantly financed by payroll-based contributions. The study examines the effects of alternative financing sources. Raising the ceiling on insurable earnings by 25 percent would yield an additional € 220 million per year, which on balance would allow...